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Home » United States » Is Michigan an expensive state to live in?

Is Michigan an expensive state to live in?

December 14, 2021 by Sadie Daniel

The cost of living in Michigan is slightly lower than the national average, making it an affordable place to live.Certain cities are more expensive than others within the state of Michigan. Ann Arbor is one of the more expensive cities in the state, with the average monthly rent coming in at $1,175 per month.

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Is Michigan a cheap state to live in?

With weather that encompasses the entirety of the four seasons, Michigan is a beautiful and populous state with plenty to see and do for tourists and locals alike. It’s also a very affordable state in which to live, with an income tax of 4.5% and a state tax of 6% (as of October 2020).

Is Michigan a high cost of living state?

Average Cost Of Living In Michigan
Michigan has a pretty low cost of living overall, coming in at 89, which means the cost of living in Michigan is 11% below the national average.

How much do you need to live in Michigan?

Typical Expenses

1 ADULT
0 Children 1 Child
Required annual income after taxes $23,194 $52,994
Annual taxes $5,160 $11,791
Required annual income before taxes $28,354 $64,785

Where does Michigan rank in cost of living?

The city with the lowest cost of living index for 2021 was Joplin, with an index of 83.9. The city with the highest cost of living was St.
2021 Third Quarter 2021 Cost of Living.

Rank 1 13
State Mississippi Michigan
Index 85.1 91.4
Grocery 95.3 89.7
Housing 66.4 79.6

Why is Michigan so cheap?

The cost of living in Michigan is slightly lower than the national average, making it an affordable place to live.Higher demand, taxation laws, and zoning rules all factor into the higher cost of living in this part of Michigan. Among the larger cities in the state, Detroit comes in on the lower end of rent prices.

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Is Michigan a good place to move to?

Even Popular Science magazine has given it a seal of approval by noting that Michigan will be the best place to live in America by the year 2100. But its draw extends beyond the natural charm. Well-paying jobs and high-quality education are a recurrent theme in Michigan.

Is Michigan cheaper than Texas?

Michigan is 2.6% more expensive than Texas.

How cheap is Michigan?

An amount below 100 means Michigan is cheaper than the US average.
Michigan cost of living is 89.6.

COST OF LIVING Michigan United States
Grocery 93.4 100
Health 86 100
Housing 65.5 100
Median Home Cost $207,800 $291,700

What state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

What’s a good salary in Michigan?

Average Salary in Michigan

Annual Salary Monthly Pay
Top Earners $79,369 $6,614
75th Percentile $65,259 $5,438
Average $59,093 $4,924
25th Percentile $43,653 $3,637

What are the best paying jobs in Michigan?

Detailed List Of Highest Paying Jobs In Michigan

Rank Job Title Average Salary
1 Consultant And Sales Representative $221,460
2 Pain Management Physician $197,971
3 President/chief Executive Officer $192,342
4 Executive Vice President Of Sales $191,007

How much do groceries cost per month in Michigan?

Numbeo.com data from May 2019 recommends minimum monthly food spending on food of $303.17 in Detroit and $272.72 in Lansing. That’s just for basic groceries, though.

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What is the cheapest state to buy a house?

  1. Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
  2. West Virginia. West Virginia is the second-cheapest state to buy a home.
  3. Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
  4. Oklahoma.
  5. Kentucky.
  6. Indiana.
  7. Alabama.
  8. Ohio.

What’s the most expensive state to live in?

Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.

What is so bad about Detroit?

Local crime rates are among the highest in the United States (despite this, the overall crime rate in the city has seen a decline during the 21st century), and vast areas of the city are in a state of severe urban decay.Poverty, crime, shootings, drugs and urban blight in Detroit are ongoing problems.

Is Michigan safe?

According to Safewise, Michigan’s crime rate has dropped. The violent crime rate went from 4.5 per 1,000 people to 4.4 while property crime is now 15.9 1,000 compared to 16.5. However, Michigan still has a higher violent crime rate than the rest of the United States – the state has the 13th highest violent crime rate.

How much are utilities in Michigan?

Michigan. Michigan is among the 20 best US states regarding house costs. The average cost of utilities in Michigan is $342.68, not including the average trash bill per month. Utilities in the capital Lansing, including garbage but no phone, internet, and cable, stand at $149.70 a month.

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What is the average cost of a home in Michigan?

The typical home value of homes in Michigan is $218,051. This value is seasonally adjusted and only includes the middle price tier of homes.

How cold does Michigan get?

In Detroit, in the southeast, January high temperatures usually reach the low 30s F (about 1 °C), while lows fall to about 20 °F (about −7 °C); in July, high temperatures are typically in the mid-80s F (about 29 °C) and lows are in the mid-60s F (about 18 °C).

What is the prettiest city in Michigan?

The Most Beautiful Towns in Michigan, USA

  • South Haven. Natural Feature. View.
  • Traverse City. Architectural Landmark. View.
  • Ontonagon County. Natural Feature. View.
  • Ann Arbor. Natural Feature. View.
  • Frankenmuth. Architectural Landmark. View.
  • Grand Rapids. Natural Feature.
  • Mackinac Island. Natural Feature.
  • Marquette. Architectural Landmark.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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